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The Porsche Panamera Sport Turismo Is Losing Value Fast

A couple of years ago, Porsche announced that it’d be making a station wagon version of its Panamera hatchbacks-sedan thing. Later, Porsche announced this would be called the Panamera Sport Turismo — and, indeed, it is a station wagon version of the Panamera, albeit with only a small increase in cargo volume compared to the original version.

Unfortunately, the Panamera Sport Turismo is quite pricey. The 6-cylinder base model starts from $98,500 with shipping and before Porsche’s copious options. Right now, the very cheapest Panamera Sport Turismo on Autotrader has a sticker price of over $105,000, meaning these things — cool as they are — aren’t very affordable.

But that’s changing fast. If you take a look at used and certified pre-owned (CPO) Panamera Sport Turismo models, you’ll see that several are already listed for sale for under $90,000 — already at least 15% off the original sticker price. That’s a big deal, because the very first model year of this car was just 2018, meaning these are only a year old. One year and they’ve already lost $15,000 (or, likely, more like $20,000) in depreciation.

I’m thrilled by this, because it means the Panamera Sport Turismo may become really cheap someday soon — like $30,000 to $40,000 cheap, which would make it a really, really desirable used car: the Porsche brand name and performance combined with a cool wagon body style and a reasonable price. I’ll eagerly wait for the day when that happens — and I suspect I won’t end up waiting all that long. Find a Porsche Panamera Sport Turismo for sale

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Doug Demuro
Doug DeMuro writes articles and makes videos, mainly about cars. Doug was born in Denver, Colorado, and received an economics degree from Emory University in Atlanta. After graduation, Doug spent three years working for Porsche Cars North America. Eventually, he quit his job to become a writer, largely because it meant that he no longer had to wear pants. Doug’s work has been featured in a... Read More about Doug Demuro

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